Energy stocks attract investors for a number of reasons. These companies provide obvious diversification benefits, providing many portfolios that may be tech-heavy with some dividend-paying lower-beta stocks that can perform well during periods of volatility in higher-growth stocks.
Long-term investors have pointed to consistent energy demand growth as a key reason to own such stocks. But with renewable energy coming into the picture in a bigger way, the entire discussion around the energy complex has certainly become more arduous to dissect.
That said, there are some oil and gas stocks I’d consider to be better picks in this market than others. Here are three top buying opportunities in November among energy stocks I’m considering right now.
This post originally appeared at 24/7 Wall St.